NYT Gets Carried Away With February Job Numberd

The February jobs report was reasonably good. It wasn't great; we created an average of 250,000 jobs a month for four years at the end of the 90s. Coming off a severe downturn we should be seeing jobs growth of 400,000 a month, as we did following the 81-82 recession and the 74-75 recesssion, but 227,000 jobs is definitely an improvement over what we had been seeing.

"Household survey respondents indicated that 879,000 more people were working in February than in January. Though it is not unusual for the two surveys to differ, it is unusual for the growth in the household survey to be so much greater."